Post Task Correlationn and Regression
Post Task Correlationn and Regression
Post Task Correlationn and Regression
Present your
solution and your answers in MS Word. (Copy the result of the excel in MS Word)
1. You have to examine the relationship between the age and price for used instrument sold
in the last year by a company.
a. Determine the degree of relationship between in instument’s age and the price.
b. Identify the equation of linear regression.
c. How much will a used instrument worth after 6 years? 12 years? 15 years?
d. Explain the predicting capability of the equation.
(1) 21%, 6.8; (2) 12%, 10.3; (3) 30%, 1.7; (4) 8%, 14.2; (5) 10%, 8.8; (6) 26%,
5.8; (7) 42%, 2.1; (8) 31%, 3.3; (9) 21%, 4.3; (10) 15%, 9.0; (11) 19%, 3.2; (12)
6%, 12.7; (13) 18%, 8.2; (14) 12%, 7.0; (15) 23%, 5.1; (16) 34%, 4.1.